Driving the Future of Mobility: Woven Capital & WeaveGrid

As someone who is deeply passionate about the intersection of technology, sustainability, and innovation, I am thrilled to share that Woven Capital has led an investment in WeaveGrid, a trailblazer in EV-grid integration technology. As the growth-stage venture capital arm of Toyota Motor Corporation, Woven Capital sees the value of WeaveGrid's technology — not only for Toyota's own line of current and future EVs, but for the sustainable future of the entire electric mobility industry.

Utilities and EV Drivers Can Share the Benefits
WeaveGrid’s software-only platform optimizes charging schedules in ways that help stabilize the electric grid, maximize renewable energy use, and give EV drivers a superior charging solution.

Nearly 80% of charging takes place at home. WeaveGrid can enable EV drivers to save money through seamless enrollment in utility programs through the Toyota/Lexus app. Its software makes it easy for EV drivers to understand charging costs and save money by charging during the cleanest and most optimal times for the utility — all while ensuring the car is ready when needed.

WeaveGrid, which is forging partnerships with a growing number of electric utilities, is directly integrating with Toyota and Lexus vehicles. That will not only improve the user experience for drivers but also reinforce Toyota's commitment to electrification. And it’s a partnership that demonstrates how cross-industry collaborations can drive progress.

As the EV market grows exponentially, utilities face mounting pressure to manage increased electricity demand, from not only transportation but also data centers and AI. WeaveGrid empowers utilities to make better, more strategic use of EV charging data, actively manage and shift charging to off-peak times, and automate charging based on real-time grid conditions. The robust and reliable software platform provides utilities with the tools to address this complexity effectively, making WeaveGrid a valuable partner for building resilient energy infrastructure.

A Leader in Efficient Electric Mobility
WeaveGrid has established itself as a leader in EV charging management. The company is working with some of the largest utilities in the United States, including grid operators like Exelon utilities and Xcel Energy. WeaveGrid also builds direct and trusted integrations with OEM mobility partners, ensuring unmatched precision, cybersecurity, and innovation in charging and grid optimization applications. WeaveGrid’s work has won widespread recognition, including being a three-time Global Cleantech 100 winner and various other industry awards from SEPA, PG&E, PLMA, and Darcy Partners.

Woven Capital’s investment in WeaveGrid underscores our belief in the company’s potential to revolutionize EV-grid interactions. Our financial support, along with the access WeaveGrid will gain to Toyota engineering and business insights, underscores our commitment to shaping a sustainable, efficient and electrified future for all.

We’re not just backing a promising company. We’re championing innovation that can accelerate the global journey to greener mobility.

Let’s build the future together!